Growth Strategies

Start Speaking the Language of Business and Know Your Numbers

Ravin Gandhi, co-founder and CEO of GMM Nonstick Coatings, discusses the importance of tracking key performance indicators and other details of your company.
Guest Writer
1 min read
Brought to you by BizCast

In this video, Ravin Gandhi, co-founder and CEO of GMM Nonstick Coatings, shares a few key lessons he has learned in his experience in a competitive and niche industry.

You must adapt faster than your competitors, he says. When the industry is evolving faster than your company, that is a clear indication that the company will suffer. 

To maintain this constant and competitive innovation, it is vital that you love your business. Remind yourself why you are passionate about it, and never give up.

Most important, know your business inside out. Numbers are the language of business, and the best way to keep track of your goals and progress is by tracking your KPIs, operating margin percentages, growth rates and more.

 

More from Entrepreneur

Kim's expertise can help you become a strong leader, pitch VCs for capital, and develop a growth strategy.
Book Your Session

For a limited time only, get this bundle of Entrepreneur PressĀ® titles for less than $30 (60% OFF) on our bookstore when you use "LEAP" at checkout.
Buy Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.